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US Cash Grains-Corn basis steady-down, soy bids stable in slow trade

ReutersNov 28, 2025 3:29 PM

- Basis bids for corn were steady to lower and soybean bids were steady in the U.S. Midwest on Friday as trade was slow after the Thanksgiving holiday and ahead of the weekend.

  • Markets were closed on Thursday for the U.S. Thanksgiving holiday.

  • The U.S. Department of Agriculture reported weekly net export sales of soybeans for the week ended October 16 at 1,108,000 metric tons.

  • The U.S. Department of Agriculture reported weekly net export sales of corn for the week ended October 16 at 3,394,100 metric tons.

  • U.S. exporters sold 273,988 tons of corn to unknown destinations for 2025/2026 delivery, the USDA reported.

  • U.S. exporters sold 273,988 tons of soybeans to China for 2025/2026 delivery, the USDA reported.

  • Chicago Board of Trade March corn CH26 was last up 1-3/4 cents to $4.47 a bushel and January soybeans SF26 were 3-3/4 cents higher at $11.35-1/4 a bushel. GRA/

Basis values are quoted against CBOT futures in cts/bu:

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

+1

+

Z

UNC

-11

+

F

UNC

BURNS HARBOR IN

UNQ

UNC

UNQ

UNC

DECATUR IN

UNQ

UNC

DES MOINES IA

UNQ

UNC

LINCOLN NE

-47

+

Z

UNC

PROCESSORS

CORN

SOYBEANS

DECATUR IL

-10

+

Z

DN 15

+0

+

F

UNC

DECATUR IN

-5

+

F

UNC

MORRISTOWN IN

+0

+

F

UNC

LAFAYETTE IN

-12

+

F

UNC

CEDAR RAPIDS IA

+0

+

Z

UNC

-40

+

F

UNC

COUNCIL BLUFFS IA

-45

+

F

UP 5

LINCOLN NE

-47

+

Z

NC

BLAIR NE

-10

+

Z

UNC

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

+0

+

Z

UNC

-25

+

F

UNC

SENECA IL

-19

+

H

NC

-20

+

F

UNC

SAVANNA IL

-41

+

Z

DN 10

-61

+

F

UNC

DAVENPORT IA

-15

+

Z

DN 5

-35

+

F

UNC

ETHANOL PLANTS

LINDEN IN

+2

+

Z

UNC

UNION CITY IN

+12

+

Z

UNC

ANNAWAN IL

-10

+

H

UNC

COUNCIL BLUFFS IA

-8

+

Z

UNC

SRW WHEAT

TOLEDO OH

-20

+

Z

UNC

CINCINNATI OH

UNQ

UNC

DECATUR IN

-30

+

Z

UNC

BURNS HARBOR IN

UNQ

UNC

NOTE: 0 = Option price, UNC = Unchanged, UNQ = Unquoted

NC = Not comparable, DP = Delayed price, N/A = Not available,

F = January, H = March, K = May, N = July
Q = August, U = September, X = November, Z = December

--------------------------------------------------------

LINKS: 0#USCSHGRN-PM

For U.S. forward basis spreadsheets, please click:

CORN/BASIS, SOYA/BASIS, WHEAT/BASIS, MILO/BASIS

- CBOT corn report COR/

- CBOT soybean report SOY/C

- CBOT wheat report WHE/C

- U.S. grain barge freight values BG/US

- U.S. Midwest cash grain PM GRA/PM

- U.S. CIF/FOB Gulf Grain GRA/F

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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